In this article we look at the key features and capabilities that good inventory and purchasing software has to have. If your inventory and purchasing software doesn’t match up, it is time to consider upgrading your system. What is Inventory and Purchasing Software? An inventory management system tracks your quantity in and out of each product you stock, by warehouse, by location. You need software that delivers both capabilities to be successful.
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You can optimize your inventory purchasing and automatically update your inventory reorder parameters based on actual results with the right purchasing management software. How Inventory Replenishment WorksIn good purchasing management software, replenishment generally follows this kind of flow. Safety Stock represents the distributor’s buffer quantity that ensures against stock-outs and is usually expressed as a percentage of the Lead Time Quantity. The reorder quantity is the amount needed to get back to the Max Qty. The Max Qty is the Min Qty plus the quantity expected to be sold during the PO Cycle Time.
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The Coronavirus pandemic hurt many industries, and the food & beverage distribution industry was no exception. Now as lockdowns are ending, restaurants are reopening prompting industry participants to re-evaluate their software for food distributors. This article reviews some of the key capabilities you should look for in evaluating software for food distributors. Single Source of InformationAll distributors need ERP software to centralize their data and serve as the single source of information for their business. In addition, ERP software for food distributors must also be able to deal with perishable items, raising the bar for timeliness and accuracy of the information you get.
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This partnership allows Accolent ERP users to access EasyPost’s modern Shipping API, Tracking API, and Address Verification API for USPS, Fedex, UPS, DHL, and many more carriers. Novato, CA — March 09, 2022ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with EasyPost, the leading multi-carrier shipping solution provider. Through ADS Solutions’ partnership with EasyPost, Accolent ERP users will gain access to EasyPost’s best-in-class Shipping APIs that provide end-to-end flexibility and control over parcel shipping and logistics processes. Read more@ https://www. com/blog/ads-solutions-and-easypost-announce-a-partnership-to-provide-accolent-erp-users-with-access-to-easyposts-complete-shipping-solution/
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The ADS Solutions and Phocas Software partnership allows Accolent ERP users to use Phocas Software’s data analytics technology to improve reporting, insights, and decision makingNovato, CA — March 16, 2022 — ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with Phocas Software, a leading data analytics provider, to improve reporting, insights, and decision making for ADS Solutions’ Accolent ERP® software. Accolent ERP is a fully integrated, end-to-end, Cloud-based, ERP platform that serves wholesale distribution, light manufacturing, and services businesses across a broad range of vertical industries. Together, Phocas and ADS Solutions will create a list of standardized reporting and dashboards for Accolent ERP customers by industry with the goal of delivering a more efficient reporting solution and allowing users to quickly and easily monitor key performance indicators (KPIs). adssolutions. com/blog/ads-solutions-and-phocas-software-partnership-for-bi-and-data-analytics-technology/
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The ADS Solutions and Phocas Software partnership allows Accolent ERP users to use Phocas Software’s data analytics technology to improve reporting, insights, and decision makingNovato, CA — March 16, 2022 — ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with Phocas Software, a leading data analytics provider, to improve reporting, insights, and decision making for ADS Solutions’ Accolent ERP® software. Together, Phocas and ADS Solutions will create a list of standardized reporting and dashboards for Accolent ERP customers by industry with the goal of delivering a more efficient reporting solution and allowing users to quickly and easily monitor key performance indicators (KPIs). Read more@ https://www. adssolutions. com/blog/ads-solutions-and-phocas-software-partnership-for-bi-and-data-analytics-technology/
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This is particularly important for distributors that source goods internationally, as this increases the complexity exponentially. And, as every wholesale distributor knows, supply chains have become increasingly global over the last few years. The right landed cost tracking software can provide you with the tools necessary to accurately track landed costs. And the landed cost inventory management software features can allocate these costs back to inventory to create the true costs necessary to come up with competitive pricing that is also profitable. It can help you to cut down on mistakes, oversights and misallocations that could have disastrous financial implications for your business.
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Heavy reliance on global supply chains has made these industries particularly vulnerable to Coronavirus-induced supply chain breakdowns. The Random Lengths Framing Lumber Composite Price shows lumber prices jumped 167% between late August 2021 and December. In 2021, lumber prices are up 101% year-over-year and futures are hitting all-time highs. And it’s not just lumber, lighting, plumbing fixtures, door and cabinet hardware, electrical circuit breakers, appliances, everything imported is hard to get and costs more. Steel prices have increased 88% and are expected to trend above $600 per ton in the coming years.
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How to Mitigate Rising Supply Chain CostsEvery distributor knows that the supply chain has broken down and costs are out-of-control, but what can you do to mitigate rising supply chain costs? In this blog, we trace some of the causes of supply chain inflation and suggest strategies to mitigate rising supply chain costs. Causes of the Supply Chain CrisisThe current supply chain crisis is a direct result of how global and how interconnected supply chains have become over the last few years. The reliance on manufacturing from one region, Asia, has made the impact of supply chain shocks all the more serious. Combined with other geopolitical shocks the situation quickly devolved into the hopelessly backlogged supply chain crisis we are now experiencing.
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Gartner is projecting continuing worldwide public Cloud revenue growth. This is consistent with the movement of software applications from on-premises deployments to the Cloud which is continuing and accelerating. We all see this with applications like Office365 and Google Workspace. And this is true even with complex enterprise applications like Cloud-based ERP software. 8 Billion in 2028, a compound annual growth rate of 17.
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How to Mitigate Rising Supply Chain CostsEvery distributor knows that the supply chain has broken down and costs are out-of-control, but what can you do to mitigate rising supply chain costs? In this blog, we trace some of the causes of supply chain inflation and suggest strategies to mitigate rising supply chain costs. Causes of the Supply Chain CrisisThe current supply chain crisis is a direct result of how global and how interconnected supply chains have become over the last few years. As with any interconnected system, problems in one area of the system quickly metastasize into problems in other areas. The reliance on manufacturing from one region, Asia, has made the impact of supply chain shocks all the more serious.
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The best thing you can do is to implement a warehouse management system (WMS). Why do you need warehouse management software for distributors, and what does it do for you? There are many benefits of warehouse management systems. In a nutshell though with warehouse management software for distributors, you can improve the efficiency and speed of your warehouse operations which will let you do more with fewer people. You’ll also be able to improve inventory turns and make more efficient use of your warehouse space.
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We are all aware of the hopeless mess the global Supply Chain is in. When will it improve and what is the outlook for the Supply Chain in 2022 and beyond? The Supply Chain is BrokenThe current Supply Chain mess is a result of many factors. This in turn created a global slowdown in economic activity as businesses were closed and consumers were put on lockdown. At the same time, massive government spending kicked off a vicious inflation trend and perversely created massive labor shortages.
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You can optimize your inventory purchasing and automatically update your inventory reorder parameters based on actual results with the right purchasing management software. How Inventory Replenishment WorksIn good purchasing management software, replenishment generally follows this kind of flow. Safety Stock represents the distributor’s buffer quantity that ensures against stock-outs and is usually expressed as a percentage of the Lead Time Quantity. The reorder quantity is the amount needed to get back to the Max Qty. The Max Qty is the Min Qty plus the quantity expected to be sold during the PO Cycle Time.
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The ADS Solutions and Phocas Software partnership allows Accolent ERP users to use Phocas Software’s data analytics technology to improve reporting, insights, and decision makingNovato, CA — March 16, 2022 — ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with Phocas Software, a leading data analytics provider, to improve reporting, insights, and decision making for ADS Solutions’ Accolent ERP® software. Accolent ERP is a fully integrated, end-to-end, Cloud-based, ERP platform that serves wholesale distribution, light manufacturing, and services businesses across a broad range of vertical industries. Together, Phocas and ADS Solutions will create a list of standardized reporting and dashboards for Accolent ERP customers by industry with the goal of delivering a more efficient reporting solution and allowing users to quickly and easily monitor key performance indicators (KPIs). adssolutions. com/blog/ads-solutions-and-phocas-software-partnership-for-bi-and-data-analytics-technology/
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This partnership allows Accolent ERP users to access EasyPost’s modern Shipping API, Tracking API, and Address Verification API for USPS, Fedex, UPS, DHL, and many more carriers. Novato, CA (PRWEB) March 09, 2022ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with EasyPost, the leading multi-carrier shipping solution provider. Through ADS Solutions’ partnership with EasyPost, Accolent ERP users will gain access to EasyPost’s best-in-class Shipping APIs that provide end-to-end flexibility and control over parcel shipping and logistics processes. Read more@ https://www. com/blog/ads-solutions-and-easypost-announce-a-partnership-to-provide-accolent-erp-users-with-access-to-easyposts-complete-shipping-solution/
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In this article we look at the key features and capabilities that good inventory and purchasing software has to have. If your inventory and purchasing software doesn’t match up, it is time to consider upgrading your system. What is Inventory and Purchasing Software? An inventory management system tracks your quantity in and out of each product you stock, by warehouse, by location. You need software that delivers both capabilities to be successful.
How to Mitigate Rising Supply Chain CostsEvery distributor knows that the supply chain has broken down and costs are out-of-control, but what can you do to mitigate rising supply chain costs? In this blog, we trace some of the causes of supply chain inflation and suggest strategies to mitigate rising supply chain costs. Causes of the Supply Chain CrisisThe current supply chain crisis is a direct result of how global and how interconnected supply chains have become over the last few years. The reliance on manufacturing from one region, Asia, has made the impact of supply chain shocks all the more serious. Combined with other geopolitical shocks the situation quickly devolved into the hopelessly backlogged supply chain crisis we are now experiencing.
You can optimize your inventory purchasing and automatically update your inventory reorder parameters based on actual results with the right purchasing management software. How Inventory Replenishment WorksIn good purchasing management software, replenishment generally follows this kind of flow. Safety Stock represents the distributor’s buffer quantity that ensures against stock-outs and is usually expressed as a percentage of the Lead Time Quantity. The reorder quantity is the amount needed to get back to the Max Qty. The Max Qty is the Min Qty plus the quantity expected to be sold during the PO Cycle Time.
Gartner is projecting continuing worldwide public Cloud revenue growth. This is consistent with the movement of software applications from on-premises deployments to the Cloud which is continuing and accelerating. We all see this with applications like Office365 and Google Workspace. And this is true even with complex enterprise applications like Cloud-based ERP software. 8 Billion in 2028, a compound annual growth rate of 17.
The Coronavirus pandemic hurt many industries, and the food & beverage distribution industry was no exception. Now as lockdowns are ending, restaurants are reopening prompting industry participants to re-evaluate their software for food distributors. This article reviews some of the key capabilities you should look for in evaluating software for food distributors. Single Source of InformationAll distributors need ERP software to centralize their data and serve as the single source of information for their business. In addition, ERP software for food distributors must also be able to deal with perishable items, raising the bar for timeliness and accuracy of the information you get.
How to Mitigate Rising Supply Chain CostsEvery distributor knows that the supply chain has broken down and costs are out-of-control, but what can you do to mitigate rising supply chain costs? In this blog, we trace some of the causes of supply chain inflation and suggest strategies to mitigate rising supply chain costs. Causes of the Supply Chain CrisisThe current supply chain crisis is a direct result of how global and how interconnected supply chains have become over the last few years. As with any interconnected system, problems in one area of the system quickly metastasize into problems in other areas. The reliance on manufacturing from one region, Asia, has made the impact of supply chain shocks all the more serious.
This partnership allows Accolent ERP users to access EasyPost’s modern Shipping API, Tracking API, and Address Verification API for USPS, Fedex, UPS, DHL, and many more carriers. Novato, CA — March 09, 2022ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with EasyPost, the leading multi-carrier shipping solution provider. Through ADS Solutions’ partnership with EasyPost, Accolent ERP users will gain access to EasyPost’s best-in-class Shipping APIs that provide end-to-end flexibility and control over parcel shipping and logistics processes. Read more@ https://www. com/blog/ads-solutions-and-easypost-announce-a-partnership-to-provide-accolent-erp-users-with-access-to-easyposts-complete-shipping-solution/
The best thing you can do is to implement a warehouse management system (WMS). Why do you need warehouse management software for distributors, and what does it do for you? There are many benefits of warehouse management systems. In a nutshell though with warehouse management software for distributors, you can improve the efficiency and speed of your warehouse operations which will let you do more with fewer people. You’ll also be able to improve inventory turns and make more efficient use of your warehouse space.
The ADS Solutions and Phocas Software partnership allows Accolent ERP users to use Phocas Software’s data analytics technology to improve reporting, insights, and decision makingNovato, CA — March 16, 2022 — ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with Phocas Software, a leading data analytics provider, to improve reporting, insights, and decision making for ADS Solutions’ Accolent ERP® software. Accolent ERP is a fully integrated, end-to-end, Cloud-based, ERP platform that serves wholesale distribution, light manufacturing, and services businesses across a broad range of vertical industries. Together, Phocas and ADS Solutions will create a list of standardized reporting and dashboards for Accolent ERP customers by industry with the goal of delivering a more efficient reporting solution and allowing users to quickly and easily monitor key performance indicators (KPIs). adssolutions. com/blog/ads-solutions-and-phocas-software-partnership-for-bi-and-data-analytics-technology/
We are all aware of the hopeless mess the global Supply Chain is in. When will it improve and what is the outlook for the Supply Chain in 2022 and beyond? The Supply Chain is BrokenThe current Supply Chain mess is a result of many factors. This in turn created a global slowdown in economic activity as businesses were closed and consumers were put on lockdown. At the same time, massive government spending kicked off a vicious inflation trend and perversely created massive labor shortages.
The ADS Solutions and Phocas Software partnership allows Accolent ERP users to use Phocas Software’s data analytics technology to improve reporting, insights, and decision makingNovato, CA — March 16, 2022 — ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with Phocas Software, a leading data analytics provider, to improve reporting, insights, and decision making for ADS Solutions’ Accolent ERP® software. Together, Phocas and ADS Solutions will create a list of standardized reporting and dashboards for Accolent ERP customers by industry with the goal of delivering a more efficient reporting solution and allowing users to quickly and easily monitor key performance indicators (KPIs). Read more@ https://www. adssolutions. com/blog/ads-solutions-and-phocas-software-partnership-for-bi-and-data-analytics-technology/
You can optimize your inventory purchasing and automatically update your inventory reorder parameters based on actual results with the right purchasing management software. How Inventory Replenishment WorksIn good purchasing management software, replenishment generally follows this kind of flow. Safety Stock represents the distributor’s buffer quantity that ensures against stock-outs and is usually expressed as a percentage of the Lead Time Quantity. The reorder quantity is the amount needed to get back to the Max Qty. The Max Qty is the Min Qty plus the quantity expected to be sold during the PO Cycle Time.
This is particularly important for distributors that source goods internationally, as this increases the complexity exponentially. And, as every wholesale distributor knows, supply chains have become increasingly global over the last few years. The right landed cost tracking software can provide you with the tools necessary to accurately track landed costs. And the landed cost inventory management software features can allocate these costs back to inventory to create the true costs necessary to come up with competitive pricing that is also profitable. It can help you to cut down on mistakes, oversights and misallocations that could have disastrous financial implications for your business.
The ADS Solutions and Phocas Software partnership allows Accolent ERP users to use Phocas Software’s data analytics technology to improve reporting, insights, and decision makingNovato, CA — March 16, 2022 — ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with Phocas Software, a leading data analytics provider, to improve reporting, insights, and decision making for ADS Solutions’ Accolent ERP® software. Accolent ERP is a fully integrated, end-to-end, Cloud-based, ERP platform that serves wholesale distribution, light manufacturing, and services businesses across a broad range of vertical industries. Together, Phocas and ADS Solutions will create a list of standardized reporting and dashboards for Accolent ERP customers by industry with the goal of delivering a more efficient reporting solution and allowing users to quickly and easily monitor key performance indicators (KPIs). adssolutions. com/blog/ads-solutions-and-phocas-software-partnership-for-bi-and-data-analytics-technology/
Heavy reliance on global supply chains has made these industries particularly vulnerable to Coronavirus-induced supply chain breakdowns. The Random Lengths Framing Lumber Composite Price shows lumber prices jumped 167% between late August 2021 and December. In 2021, lumber prices are up 101% year-over-year and futures are hitting all-time highs. And it’s not just lumber, lighting, plumbing fixtures, door and cabinet hardware, electrical circuit breakers, appliances, everything imported is hard to get and costs more. Steel prices have increased 88% and are expected to trend above $600 per ton in the coming years.
This partnership allows Accolent ERP users to access EasyPost’s modern Shipping API, Tracking API, and Address Verification API for USPS, Fedex, UPS, DHL, and many more carriers. Novato, CA (PRWEB) March 09, 2022ADS Solutions®, a leader in Cloud-based ERP, today announced a partnership with EasyPost, the leading multi-carrier shipping solution provider. Through ADS Solutions’ partnership with EasyPost, Accolent ERP users will gain access to EasyPost’s best-in-class Shipping APIs that provide end-to-end flexibility and control over parcel shipping and logistics processes. Read more@ https://www. com/blog/ads-solutions-and-easypost-announce-a-partnership-to-provide-accolent-erp-users-with-access-to-easyposts-complete-shipping-solution/